Rebate under Sec.87A for FY 2018-19

Max. Rs. 2,500/- for income upto 3.50 lakhs

Home / Budget-2018-19 / Rebate under section 87A for Assessment Year 2019-20-No changes proposed
Rebate under section 87A for Assessment Year 2019-20-No changes proposed administrator February 1, 2018 Budget-2018-19, Income Tax No Comments


Rebate under section 87A for Assessment Year 2019-20 – No changes proposed

No changes have been proposed by the Finance Bill 2018 in the rebate u/s 87A for AY 2019-20
100 percent Section 87A tax rebate up to income of Rs. 5 lakhs for AY 2020-21 Click Here >>

The rebate is available to Indian resident individuals whose total income does not exceed Rs. 3,50,000/- . The quantum of the rebate is equal to Rs. 2500/- or the amount of tax payable whichever is less...

https://commonmoney.home.blog/2019/02/01/five-key-tax-changes-for-individuals/